Malek Spinning Mills Limited reported earnings results for the second quarter and six months ended December 31, 2022. For the second quarter, the company reported sales was BDT 4,015.71 million compared to BDT 5,282.32 million a year ago. Net loss was BDT 104.15 million compared to net income of BDT 213.58 million a year ago. Basic loss per share from continuing operations was BDT 0.54 compared to basic earnings per share from continuing operations of BDT 1.1 a year ago.
For the six months, sales was BDT 9,430.98 million compared to BDT 9,358.12 million a year ago. Net income was BDT 129.57 million compared to BDT 371.84 million a year ago. Basic earnings per share from continuing operations was BDT 0.67 compared to BDT 1.92 a year ago.